If P(A) = 0.2, P(B) = P and P(A ∪ B) = 0.6. If A and B are independent events, then the value of P is:

  1. 0.4
  2. 0.5
  3. 0.6
  4. 0.7
  5. 0.3

Answer (Detailed Solution Below)

Option 2 : 0.5
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Detailed Solution

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Concept:

  • For two events A and B, we have: P(A ∪ B) = P(A) + P(B) - P(A ∩ B).
  • If A and B are independent events, then P(A ∩ B) = P(A) × P(B).

Calculation:

Using the concept above, because A and B are independent events, we can write:

P(A ∪ B) = P(A) + P(B) - P(A) × P(B)

⇒ 0.6 = 0.2 + P - 0.2 × P

⇒ 0.8P =0.4

⇒ P = 0.5.

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